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Copper standard is introduced
30/04/2018 -The first copper coins are minted when Sweden introduces the copper standard in 1624. The reasons for this are the shortage of silver and gold due to the prolonged wars, and a desire to maintain the price of copper, which was Sweden's most...
Transport bills are introduced
07/02/2018 -The predecessor of our modern money. When a transaction is concluded, the bill is signed over, or transported, to its new owner.
Sweden gets the krona
07/02/2018 -When the gold standard is introduced, the new unit of coinage is named the krona. ...
We start using decimals
07/02/2018 -The decimal system is introduced for coins and we get one coin system instead of two parallel ones. Instead of riksdaler banco and riksdaler riksgälds, we get riksdaler riksmynt, which are divided into 100 öre. ...
The Riksbank moves to Helgeandsholmen
07/02/2018 -The Riksbank moves from Järntorget to the new premises in what would later become the Riksdag building.
The world's largest coin
07/02/2018 -During the 1630s and 1640s, production in the Falu copper mine increased substantially and to keep up the price of copper it was decided to begin manufacturing large plate coins made of copper. The biggest one weighs 19.7 kg and is the largest...
Degree project at the Riksbank
03/02/2025 -Each year, the Riksbank offers assistant supervision for thesis projects to a limited number of master’s students in economics and statistics enrolled at Swedish universities. Students are expected to have a main supervisor at their university,...
Sweden’s first bank
07/02/2018 -Johan Palmstruch starts Sweden’s first bank, Stockholms Banco. Charles X Gustav emphasises the bank's importance in safeguarding the value of money. ...
Absolute monarchy takes power over the bank
07/02/2018 -Charles XI introduces absolute monarchy and decides that the royal powers will have the last word on all matters. This also applies to the Bank of the Estates of the Realm (Sveriges Riksbank).